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1205 3RD AVENUE, Prince George
Prince George
Retail
$1,300,000
For sale
0 BEDS
0 BATHS
9795 sqft

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Description

Rarely will you find such a location and renovation at such an attainable price point. over 6% cape rate .This fully-renovated mixed-use building is located at the corner of 3rd Avenue and Dominion Street in the heart of Prince George. The entire building was renovated in 2016/17. Everything has been updated - electrical, mechanical, roof, windows, and interiors. A brand-new fire panel was installed in 2022. As a result, the asset is in exceptionally good condition and will provide stable income for decades. Cap rate is 5% Commercial tenants are stable with long term leases. Prince George is a growing regional centre with a diverse economy including health care, retail, manufacturing, construction, natural gas, mining, forestry, education and so much more. Very secure long term tenant with newly signed lease.

General Info

C8062989
0
0.07 ac
Listed BY: Darcy Porsnuk, Royal LePage Aspire Realty
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Purchase Amount $ 1,300,000
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CITY 2 CITY REAL ESTATE SERVICES
1205 3RD AVENUE, Prince George
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